Radiant Logistics, Inc. Expands its Mid-West Gateway Operations in Minneapolis, Minnesota; Names Bud Lutterman as Vice President of Sales of MSP Location
November 02, 2015 at 04:01 pm EST
Share
Radiant Logistics, Inc. announced it has acquired the operations of Copper Logistics, Inc. The company paid approximately 50% of the expected purchase price at closing with the balance payable in subsequent periods based on the future performance of the acquired operation. On a post-closing basis, Copper Logistics will transition to the Radiant brand and operate as part of the company's mid-west gateway location near the Minneapolis/St. Paul airport ("MSP").
The company announced that Mr. Bud Lutterman will continue as Vice President of Sales for Radiant's MSP location.
Radiant Logistics, Inc. operates as a third-party logistics company, providing technology-enabled global transportation and value-added logistics services in the United States and Canada. It provides domestic and international freight forwarding along with truck and rail brokerage services to a diversified account base, including manufacturers, distributors and retailers that have agent-owned offices throughout North America and other markets around the world. Its value-added logistics services include warehouse and distribution, customs brokerage, order fulfillment, inventory management, and technology services. It serves various industries, such as consumer goods, food and beverage, electronics and high-tech, aviation and automotive, military and government, and manufacturing and retail customers. As a third-party logistics provider, its primary business operations involve arranging the shipment, on behalf of its customers, of materials, products, equipment and other goods.
Radiant Logistics, Inc. Expands its Mid-West Gateway Operations in Minneapolis, Minnesota; Names Bud Lutterman as Vice President of Sales of MSP Location